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20130118
20130118
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FBC 6
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Search Results 0 to 5 of about 6 (some duplicates have been removed)
FOX Business
Jan 18, 2013 4:00pm EST
. the first three years of president obama it went from 10 trillion to 16 trillion. that's a huge increase. >> well, but this is not because of spending -- this is because the government has been spending to -- more people are on programs because of the unemployment etc., and so we have had a problem. i was on the simpson bowles commission. i actually introduced my own plan that did more deficit reduction, including, for example, creating a public option in healthcare that would save 104 billion dollars over ten years. so there are ways that we can do it, but to say that we're not -- we're going to jeopardize the economy of the united states and frankly even the world by not paying the bills that have already been incurred is absolutely -- [talking over to each other] david: you were willing to bring us to that brink in 02, 04, and 06. >> no i wasn't. david: you voted in favor of keeping the debt limit ceiling right where it was, that was the same kind of danger in going over into that default mode, no? >> it wasn't because that was a kind of protest vote knowing very full well that this w
FOX Business
Jan 18, 2013 6:00pm EST
on employment, but the truth is it is not met in the year. the 26-member panel officially known as the president's council on jobs and competitiveness last convened on january 17th 2012. their mission expires at the end of the month unless obama extends its tenure. no surprise the group does not have that much traction. led by ge ceo. now, while he has his admirers, the company has received loves of negative press for cutting jobs at home while hiring overseas. as reported, a year ago in just one decade under his tenure ge cut 34,000 jobs in the u.s. but added 25,000 offshore, overseas. that's according to press reports. also, the american express ceo, the same month the council was formed the credit-card company announced plans to close the customer service center north carolina and cut 1500 jobs. led the group to not meet for months. after the sessions last set january it did not meet again for six months. ceos and union leaders argued some did not want to be seen with the president during the height of the campaign. unbelievable. add jobs council that won't council. what we need it was an eff
FOX Business
Jan 18, 2013 9:20am EST
are ahead. 60%. only 34% expect economic real growth this year. only 36% have confidence in president obama's leadership. so, you're negative. the market is not. whole foods chief john macky, a little hot water after comments he made in a radio interview on obamacare. what he said, technically speaking it's more like fascism, socialism is where the government owns the means of production, in fascism the government doesn't own the means of production, but they control it and that's what's happening with our health care program. mackie says he regrets using the word fascism and clarified on fox and friends. >> mostly i was trying to describe obamacare, free enterprise capitalism which allows value tri exchange between businesses and individuals and it's the basis for prosperity in america, and allows innovation, creativity, freedom of choice. we're moving away from that, so, trying to let people see that that's probably not going to be as effective as if capitalism itself was allowed to work in the marketplace. stuart: that's interesting, government controlled health care. let's bring in da d
FOX Business
Jan 18, 2013 3:00pm EST
for sort of a mini correction? >> well, we talked about last year that we had uncertainties to overcome, whether -- first, it was whether obama care was going to be the law of the land, then who our president was going to be, and then last piece in the puzzle, which unfortunately is going to take a little while to figure out is the fiscal cliff because the next component of it is going to be the debt ceiling. so i mean it is going to create some uncertainty. if we get into real tension negotiations, you know, it could be ugly again, and i don't see a big huge drop, but we could see a lot more volatility. liz: dan is tuning out anyway because he has a whole bunch of picks that he hopes will have the same type of return that he had for six months on genesse wyoming. your first pick is down 10% over the past year, it's an aerospace pick. >> one of my best analysts did great work on this. it's been a holding on us. owned more and owned less. great longer term holding. they've hit some speed bumps, but we feel comfortable as they're in a good position as the aerospace area continues to grow.
FOX Business
Jan 17, 2013 10:00pm EST
. the year rising. we are back now. i want to get your reaction, if i may, as to what is your reaction to these reports that the white house, the obama administration was cautioning the algerian government on how to respond to this hostage taking and this group of terrorists? >> i think that is probably exactly right. i think the algerians are very experienced people at fighting, and they don't give a lot of time to develop. i think it is probably very crude to say that i think the algerians value that gas production more than the people that were being held hostage. there were very worried about the plan being destroyed. i think that i why they moved right away. >> they were concerned, and i heard it in my debate. the americans and the french could do it. there was a draw fying. special forces moving. they looked very conceed that we would go in and therefore they could not absorb a politically. they went. lou: ignored by washington, european capitalists. >> what i think the algerians understood, knowing what they know about those g how this, if they don't terminate the issue very qui
Search Results 0 to 5 of about 6 (some duplicates have been removed)